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Partnership Announced By Spire Global With Hancom Group For The 1st Commercial South Korean Satellite Mission

August 15, 2021

Spire Global, Inc. has a new partnership and satellite mission with the firm’s first South Korean Space Services customer, Hancom Group, a leading ICT convergence company — this will be the first commercial satellite mission for a private South Korean company.

Hancom will host an optical payload on a Low Earth Multi-Use Receiver (LEMUR), Spire’s 3U smallsat named “HANCOM” to support the launch of a new product focused on the agriculture sector, including landscaping applications as well as expansion of its existing image analysis portfolio offerings.

In addition to using Spire’s services for its own operations, Hancom will also act as Spire’s first reseller within South Korea. Spire continues to expand its partnerships to serve customers across the world.

Hancom specializes in commercial and government applications of image analysis, including detection of vehicles, aircrafts and ships, changes in roads and buildings, and pine tree death detection. Leveraging the infrastructure of Spire’s LEMUR satellite, Hancom expects to be able to capture images of specific territories for its GIS mapping solutions and provide further analysis and expanded offerings, while retaining full control of the captured images and the ability to customize services to customers’ specific needs and applications.

Hancom plans to launch a constellation of up to nine satellites equipped with this type of payload in order to develop their own dedicated solution.

“South Korea’s commercial aerospace sector is making tremendous strides. Spire is proud to partner with Hancom as our first reseller partner in the country,” said Theresa Condor, Vice President of Global Development at Spire. “We’re excited that Spire’s capabilities will help Hancom meet the growing market demand for satellite imagery and geospatial analytics, and provide more insightful, tailored solutions to its customers.”

Filed Under: Analytics, Business Moves, Optical, Partnerships, SATCOM Services, SmallSat

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